S&P 500, Nasdaq open lower after April inflation data; Mideast in focus

May 12 (Reuters) - The S&P 500 and the Nasdaq opened lower ‌on Tuesday, as investors weighed a hotter-than-expected inflation report and fading hopes for a ⁠swift resolution to the Middle East conflict.

The Dow Jones Industrial Average (.DJI), rose 35.2 points, or 0.07%, at the open to 49,739.62. ‌The ⁠S&P 500 (.SPX), fell 22.2 points, or 0.30%, at the open to ⁠7,390.63, while the Nasdaq Composite (.IXIC), dropped 187.1 points, ⁠or 0.71%, to 26,087.009 at the ⁠opening bell.

Reporting by Ragini Mathur in Bengaluru; Editing by Devika Syamnath

Reuters

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S&P 500, Nasdaq open lower after April inflation data; Mideast in focus

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